European stocks traded lower on Tuesday due to uncertainty around U.S. President Donald Trump's trade tariffs and U.S. government shutdown fears amid a partisan deadlock in Congress over spending and healthcare leaves.
In economic releases, the U.K. economy grew at a slower pace in the second quarter as increases in services and construction were partially offset by the contraction in production, the Office for National Statistics reported.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.